Business

The Union government has sharply increased excise duties on petroleum products, including diesel and aviation turbine fuel, citing volatile global crude prices and disruptions caused by conflict in West Asia. Diesel export duty has been raised to Rs 55.5 per litre, while ATF duty has climbed to Rs 42 per litre.

Gold prices rose 1.65 per cent over the week, supported by safe-haven demand and a weaker US dollar amid easing inflation concerns and US-Iran ceasefire talks. Analysts say resistance near $5,000 could trigger a stronger bull run in global markets.

India needs a Digital Essential Commodities Misinformation Policy to enable real-time government–platform coordination, curb viral supply rumours, and prevent panic buying that disrupts markets and public trust

Mistry’s remarks come amid reports that Tata Trusts trustees Venu Srinivasan and Vijay Singh support public listing of Tata Sons, while chairman Noel Tata opposes the move

National Company Law Tribunal’s Allahabad bench had approved Adani Enterprises' Rs 14,535 crore bid to acquire JAL assets, which was challenged by Vedanta with a Rs 17,926 crore offer

Indian equity benchmarks rose sharply on Friday, with Sensex gaining over 900 points and Nifty crossing 24,000, as investors tracked global cues and West Asia tensions, while strong participation in broader markets supported the overall upward momentum

Artificial Intelligence can help companies increase revenue from general trade sales channels by up to 20 per cent, according to a BCG report, by improving sales planning, execution and customer engagement through AI-powered tools and automation

Apple led the global smartphone market in Q1 2026 with a 21 per cent share, driven by strong iPhone demand. However, overall shipments declined due to memory shortages, while Samsung faced pressure despite strong interest in its latest S26 series

Gold ETF inflows in India fell sharply in March to Rs 2,266 crore from February’s Rs 5,255 crore, according to AMFI, as geopolitical tensions and price corrections dampened demand, though assets under management stayed strong at Rs 1.71 lakh crore

Gold and silver prices on Multi Commodity Exchange fell around one percent as profit booking reduced safe-haven demand. Gold and Silver showed cautious trends, with analysts संकेत mixed momentum amid shifting investor sentiment toward riskier assets and easing geopolitical tensions

Mumbai equities surged tracking gains despite geopolitical tensions and Strait of Hormuz concerns, with Sensex and Nifty rising led by banking, auto and metals, while IT lagged; analysts expect easing energy prices and remain optimistic on growth and upcoming earnings

The RBI has proposed new safeguards to curb rising digital payment frauds, including a one-hour delay for transfers above Rs 10,000, trusted-person authentication for seniors, limits on large credits, and a “kill switch” to disable digital payments instantly

The central bank's decision to maintain the status quo signals a careful balancing act between controlling inflation and supporting economic growth in an increasingly uncertain global environment

The International Monetary Fund has warned that the Iran war is set to darken the global economic outlook, with Managing Director Kristalina Georgieva confirming a downgrade in growth forecasts next week. Despite resilience shown in past trade shocks, the conflict has disrupted energy supplies, raised oil and gas prices, and shaken business confidence.

TCS reported a 12.22 per cent rise in Q4 net profit to Rs 13,718 crore, driven by margin expansion and steady revenue growth. The company added over 2,300 employees, marking a turnaround in hiring after two consecutive quarters of decline

Mercedes-Benz India reported its highest-ever annual sales in FY25-26, driven by strong demand for top-end and core luxury vehicles, while electric vehicle sales surged and the company announced plans to expand its retail network across India

Indian equity markets ended lower on Thursday, snapping a five-day rally, as rising oil prices and uncertainty around the US-Iran ceasefire weighed on sentiment, while banking stocks declined and broader markets showed mild resilience

Morgan Stanley has projected a strong rally in Indian markets, with the Sensex likely to reach 95,000 by December 2026, driven by improving earnings, attractive valuations, and strong domestic fundamentals, despite global risks and cautious investor positioning

ShopClues, once valued at $1.1 billion, saw a sharp decline due to competition, quality issues, and internal challenges, leading to its acquisition by Qoo10 at a steep discount, making it a key example of value destruction in India’s startup ecosystem

Benchmark indices Sensex and Nifty tumbled in early trade on Thursday after a strong rally in the previous session as fresh tensions in West Asia triggered concerns over a possible ceasefire breach, dampening investor sentiment across global markets.

The rupee depreciated 17 paise to 92.71 against the US dollar in early trade on Thursday amid geopolitical tensions in West Asia. Investors remained cautious due to Iran's threat over talks and concerns about disruptions around the Strait of Hormuz.

Glenmark Pharmaceuticals received US Food and Drug Administration approval for generic progesterone vaginal inserts, equivalent to Endometrin, boosting its women’s healthcare portfolio and expanding presence in the US fertility treatment market

Governor Sanjay Malhotra says board minutes reviewed; no concerns on ethics and governance

Indian stock markets extended their rally for a fifth session, with the Nifty and Sensex posting strong gains amid easing global tensions and stable domestic policy. Broader markets and key sectors led the uptrend, supported by positive investor sentiment